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Dear Silver Investor Readers,
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EXPLOR INTERSECTS 6.14 G/TONNE AU
OVER 4.50 METERS ON
TIMMINS PORCUPINE WEST
Rouyn-Noranda, Canada, October
25, 2012
Explor Resources Inc. (TSX-V: EXS,
OTCQX: EXSFF, FSE: E1H) is
pleased to announce the results of 8
drill holes being the next series of
holes on the diamond drilling
program. Holes #12-74, 12-75, 12-76,
12-77, 12-78, 12-79, 12-80, and
12-81A are reported in this press
release.
Chris Dupont, President and Chief
Executive Officer of Explor
Resources Inc. commented: “We
continue to be extremely pleased and
encouraged by these excellent drill
results. The continuity of the
mineralization from hole to hole as
well as the grade encountered to
date with the increasing width as we
go to depth are very significant in
terms of establishing a potentially
large mineable gold resource.”
It is important to note that the
strike length of the gold
mineralization is greater than 2000
meters. The continuity of
mineralization continues to be
confirmed, and the structure remains
open on strike and at depth. All the
Diamond Drill Hole reported in this
press release were designed to test
the continuity of the
mineralization. Explor has
intersected gold mineralization on
97 out of 98 holes drilled to date.
The mineralization on the south limb
strikes east northeast and dips to
the north at 70 to 80 degrees. The
drilling confirms the association of
gold mineralization with Quartz
feldspar (QFP) and syenite porphyry,
found at both the Lakeshore and West
Timmins Properties. The larger zones
of mineralization display a strong
spatial relationship with proximity
to syenite intrusive rocks and high
Fe-tholeitic volcanic rocks.
Explor is focused on developing a
mineable resource based on the drill
results that have been obtained to
date. The NI 43-101 technical report
has been completed by MRB Associates
of Val-d’Or, Quebec and P & E Mining
Consultants of Brampton, Ontario
(Press Releases dated December 05,
2011 and June 2012). This fall,
Explor expects to release a new
NI-43-101 technical report that will
significantly increase the known
resource.
Read the full press release here...
http://explorresources.com/_resources/news/nr_2012_10_25b.pdf
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Information contained herein has
been obtained from sources
believed to be reliable, but
there is no guarantee as to
completeness or accuracy.
Because individual investment
objectives vary, this Summary
should not be construed as
advice to meet the particular
needs of the reader. Any
opinions expressed herein are
statements of our judgment as of
this date and are subject to
change without notice. Any
action taken as a result of
reading this independent market
research is solely the
responsibility of the reader.
Stone Investment Group is not
and does not profess to be a
professional investment advisor,
and strongly encourages all
readers to consult with their
own personal financial advisors,
attorneys, and accountants
before making any investment
decision. Stone Investment Group
and/or independent consultants
or members of their families may
have a position in the
securities mentioned. Mr. Morgan
does consult on a paid basis
both with private investors and
various companies. Investing and
speculation are inherently risky
and should not be undertaken
without professional advice. By
your act of reading this
independent market research
letter, you fully and explicitly
agree that Stone Investment
Group will not be held liable or
responsible for any decisions
you make regarding any
information discussed herein.
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